Monomoy Capital Partners to Acquire Jiffy Lube International from Shell (via Fund V)
March 9, 2026
Monomoy Capital Partners has entered into a definitive agreement to acquire Jiffy Lube International, Inc. from Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, for approximately $1.3 billion. The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approval.
- Buyers
- Monomoy Capital Partners, Monomoy Fund V (affiliate vehicle)
- Targets
- Jiffy Lube International, Inc.
- Sellers
- Pennzoil Quaker State Company DBA SOPUS Products, Shell USA, Inc. (via subsidiary SOPUS Products)
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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